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The phrase "productivity slump" is correct and usable in written English
It can be used to describe a period of decreased efficiency or output in work or tasks. Example: "The company experienced a productivity slump during the holiday season, leading to delays in project completion."
Exact(8)
He's writing in 1987, I should mention, and attempting to explain the productivity slump that struck America in the early 1970s.
Whereas the productivity slump is puzzling, the puny wage increases are not.That makes the prospect of rising prices all the more painful.
However, most agree that the spending has helped the country emerge from the long productivity slump of the 1970's and 1980's that depressed economic growth.
C1 New Economy Is Surviving Companies became more efficient despite scant economic growth in the second quarter of 2001, the government said, providing more evidence that the economy has emerged from a 20-year productivity slump.
If the productivity slump is permanent, there is less scope for the economy to shoulder its debts and to grow without sparking a burst of high inflation.Yet a recent paper by Bill Martin and Robert Rowthorn of Cambridge University cautions against the notion that workers have suddenly become less capable.
That unusual feat offers further evidence that, with the help of technology, the economy has emerged from a 20-year productivity slump that began in the mid-1970's and contributed to a decline in inflation-adjusted wages for most workers, economists said.
Similar(51)
Japan's productivity slumped after its bubble burst in the early 1990s.
The Labor Department reported that productivity slumped and wage costs surged in the fourth quarter of 2008.
Such restrictions limit the ability of efficient newcomers to compete for market share, cosseting incumbents and raising costs across the economy.In Japan productivity growth slumped after the country's asset bubble burst at the start of the 1990s.
Yet productivity during this slump is the outlier in recent history, not the norm (see second chart).
With global milk prices slumping, productivity is crucial for Swiss cows, whose owners are feeling the financial pinch.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com